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How much consignment sales revenue should be reported

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Reference no: EM132945413

Problem 1: Ryan Company consigned 60 television sets to Gary Corporation on January 1, 2020 for sale at $10,800 each and paid $10,000 transportation costs. At the end of the month, Gary reported sale of 25 television sets and remitted $243,000 which is net of 10% commission. How much consignment sales revenue should be reported by Ryan?

Reference no: EM132945413

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